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US Gas Prices Surge to $4.01 Amid Iran Tensions

4/2/2026

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Story summary
  • Gas prices in the United States rose to $4.01 per gallon, up from $2.98 at the end of February.
  • Analysts, including Samantha Gross of the Brookings Institution, warn that the Iran conflict and the Strait of Hormuz closure could push prices higher.
  • A Michigan lawsuit targets fossil fuel companies for hindering the transition to clean energy, highlighting health and environmental costs of fossil fuel dependence.